August 29, 2023
Starting with the middle of the 20th century, as transport costs have shrunk, a slew of complementary innovations made shipping even cheaper.
Starting with the middle of the 20th century, as transport costs have shrunk, a slew of complementary innovations made shipping even cheaper.
Even from the best ideas, like what container ships did for our transportation infrastructure, we can have unintended consequences.
Because of a huge wave and massive container ships, we wound up with a gargantuan number of Lego pieces becoming The Great Lego Spill.
Large container ships can carry approximately 22,000 boxes called TEUs (Twenty-foot Equivalent Units). Above, the vessel in our featured image has 15,000 containers. In just one […]
As cargo ships become larger, the supply chain benefits of their economies of scale are offset by the externalities they create at ports and beyond.